Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-05-23-Speech-3-189-000"
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"en.20120523.15.3-189-000"2
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"Mr President, it is a good thing that we discussed this issue this morning: a common system of taxation, or the FTT as it is known, and that we voted on it today. It was accepted with a large majority: 187 in favour, 152 against, and 46 abstentions. I was amongst those who abstained, I and my colleagues from Fine Gael. We abstained not because we were against it in principle – we are in favour of it in principle – but because conditions are not suitable now for introducing it. In particular, if it were introduced within the euro area only, it could do extensive and expensive damage, and we would not be doing ourselves justice, especially as there is a severe economic recession at present. Therefore, it should be introduced on the G20 global level, and if that were done, everyone would be satisfied."@en1
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